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hypermarket

Miniso is a consumer company

BRIEF: Sun Art returns to the black on changing store mix

Supermarket operator Sun Art Retail Group Ltd. (6808.HK) reported Tuesday that revenue for its latest fiscal year through March fell 1.4% year-on-year to 71.6 billion yuan ($9.91 billion). But the…
May 21, 2025
6808.HK
Illustration of two autonomous driving IPOs

Two Autonomous Driving IPOs, and Alibaba Sheds a ‘New Retail’ Asset

Horizon Robotics and WeRide have raised more than $1 billion combined in their IPOs in Hong Kong and New York. And Alibaba looks to sell its RT-Mart hypermarket chain.
October 30, 2024
WRD.US 9660.HK
Alibaba to sell Sun Art

Sun Art pursues life after Alibaba in China’s evolving retail landscape

Alibaba is negotiating with a potential buyer for its majority stake in the operator of RT-Mart hypermarkets, Sun Art said Key Takeaways: DCP Capital and Hillhouse are among the private…
October 25, 2024
6808.HK

BRIEF: Sun Art returns to profits on stabilizing business, cost cuts

Sun Art Retail Group Ltd. (6808.HK), operator of the RT-Mart supermarket chain, said on Tuesday it returned to the black in the six months through September, crediting stabilizing store traffic…
October 16, 2024
6808.HK
A supermarket David defeats Goliath, outracing the times

A supermarket David defeats Goliath in small-town China, outracing the times

With only a dozen stores in the Central city of Xuchang, Pang Donglai has become a modern legend for standing up to a flood of hypermarkets and online grocers Key…
September 16, 2024

Recent Articles

Miniso is a consumer company
May 21, 2025

BRIEF: Sun Art returns to the black on changing store mix

6808.HK
October 30, 2024

Two Autonomous Driving IPOs, and Alibaba Sheds a ‘New Retail’ Asset

WRD.US 9660.HK
October 25, 2024

Sun Art pursues life after Alibaba in China’s evolving retail landscape

6808.HK
October 16, 2024

BRIEF: Sun Art returns to profits on stabilizing business, cost cuts

6808.HK
September 16, 2024

A supermarket David defeats Goliath in small-town China, outracing the times

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